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Search Results 0 to 25 of about 26 (some duplicates have been removed)
treasury secretary. big job. he want jack lew to replace timothy geithner. lew has been a budget director for president obama and former president clinton. he also has experience with banks. the former chief operating officer for city groi group. he has a wife and two children. ali, good to see you, my friend. lew is considered a budget whiz as we were discussing yesterday. >> yeah. >> a seclude negotiator if you like. quality that will come in handy when he takes on the negotiations with congress on the debt, reining in spending. tell us what you know about his negotiating style. >> i'll tell you, the one problem is that the white house in general has not been seen as the most successful group of negotiator. being the chief of staff to president obama might be seen as a bit partisan for the job. let me tell you, four years ago, michael, the world was in a financial crisis, it all circulated around banks and credit and central banks. timothy geithner was the guy for the job. head of the federal reserve. he was in the room when they decided to let lehman brothers fail. he knew what was goi
house chief of staff jack lew as his next secretary of the treasury. good evening, i'm jeffrey brown. >> woodruff: and i'm judy woodruff. on the "newshour" tonight, we have more on the man and the economic agenda he has been tapped to spearhead for the next four years. >> brown: then, ray suarez gets an update on a series of bombings that killed more than 100 people in two pakistani cities today. >> woodruff: margaret warner looks into new federal guidelines for mortgage lending aimed at protecting both consumers and lenders. >> brown: we look at the tense political situation in venezuela, after the national assembly delayed the inauguration of cancer-stricken president hugo chavez. >> this is essentially a power play. behind that secrecy there is nothing but an attempt to ensure the continuity of the regime regardless of president chavez's presence. >> woodruff: and with five oscar nominations, we examine the controversy surrounding one of the most talked about new films yet to see a nationwide release; "zero dark thirty," about the hunt for osama bin laden. >> brown: that's all ahe
secretary of the treasury, jack lew, the man he made his chief of staff, a year ago yesterday. lew would succeed tim geithner, who drew fulsome praise from the president. >> when the history books are written tim geithner's going to go down as one of our finest secretaries of the treasury. our economy is better positioned for tomorrow than most of those other countries hit by the financial crisis. the tough decisions tim made and carried out deserve a lot of credit for that. >> brown: at 57, lew is already a 30-year veteran of washington. he was a principal domestic policy advisor to house speaker tip o'neill in the 1980's, and negotiated with the reagan white house on social security and tax reform. later, he served two stints as the country's budget director, first under president clinton, then under president obama, before becoming white house chief of staff. today, in the east room of the white house, the nominee voiced his gratitude. >> thank you mr. president for your trust confidence and friendship. serving in your administration has allowed me to live out those values my parents
treasury secretary. jack lew is a veteran of capitol hill and of more than one big major budget negotiations which is exactly what the president is facing right now. he's somebody with a low key demeanor who gets along well with others. his confirmation is expected to be not too difficult. what he doesn't provide is a strong business background or wall street ties, although he did work for citigroup for a while and he doesn't have the experience in financial regulation that tim geithner brought to the job having head of the federal reserve bank of new york during the financial crisis. but jack lew is expected to be announced today. the pecked speculation about his replacement as white house chief of staff has centered in the last 24 hours around dennis mcdonna. sources tell me that dennis mcdonough is the chief candidate. ron biden has already been a contender. wool see whether the president pairs the announcement of a new chief of staff with jack lew's appointment today. >> so jack lew seems to have the nomination locked up. danny krugman is expected to be looked go ahead at fo
nominee jack lew must never be secretary of the treasurand the senator has a lot more to say and he's here. much more ahead, on the record starts right now. >> the president dominated his current chief of staff jack lew to replace the outgoing treasury secretary tim geithner. >> i cannot think of a better person to continue tim's work at treasury than jack lew. >> jack lew is very partisan, he's very political. >> he already has some strong opposition especially from the top lawmaker on the senate budget committee jeff sessions. you can't have somebody-- >> i trust his judgment, value his friendship, i know very few people get greater integrity than the man to my left. >> jack lew and the president don't think that spending is the problem. wasteful government spending is the problem. >> prosecutors say arias had one last tryst with travis alexander, killed him in a ferocious gun and knife attack. it's not a case of whodunit. it's a case of kill or be killed. if i didn't kill him, i myself would be killed. >> it's hard to play the victim of terrorism, when you've shot the guy in the head an
invitation to the media. melissa: i didn't get one. what are we talking about? who is jack lew? an inside look at the man poised to take over as treasury secretary. ♪ . ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. lori: here's your fox business brief. snapping a two-day losing streak stocks continue their upward trend as fourth quarter earnings season gets off to a strong start with alcoa last night. right now the dow is up 61 points. >>> billionaire leon black apparently sweet on hostess. "new york post" says the head of private equity firm apollo global management teaming up with a met
tim geithner at the treasury department. how jack lew's influence will impact your wallet. >>> plus, lance armstrong, heading to oprah. but will he confess to doping? my next guest calls it ridiculous. don't miss it. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ and save hundreds with our best offer. get an adt security system starting at just $49 installed, but for a limited time only. that's an instant savings of $250. don't leave your family's safety to chance when you can take advantage of these savings now. call or visit adt.com/tv. both: i had a break-in. man: by the time we called the police, there wasn't much they could do. i felt so helpless. adt quickly called the police. i felt like it was over right away. feels like it's still not over. we lost our digital photos, financial records, things that insurance simply can't replace. [ male announcer ] protect yourself with the fast
about why the president would choose luke? >> well, jack lew a favorite of president obama because he has serious knowledge of the federal budgets. he has a no drama style. he has been serving this president in a very high profile capacity since president obama took office as white house chief of staff and before that as the director of the office of management and budget. lew has served as director of those two big jobs. bottom line is we are told that he is well-trusted well regarded here at the white house, shep? >> probably not a household name everywhere but well known in washington, jack lew. >> no question about that certainly with those two high profile jobs here at the obama administration over the past four years has been engaged in some tough negotiations with lawmakers on capitol hill. this photo we are showing you is from new year's eve. is he on the right wearing glasses and a blue tie. and bottom line the top republican on the senate budget committee says while he offered this prediction about the confirmation battle. >> it is a bumpy confirmation process. i think the a
that -- that have you accused jack lew of lying to the senate? >> look, he came in and testified to represents the most colossal, fantastical financial misrepresentation, i think, in history. he said that debt, he told the american people square on, that we would not be adding to the debt, we would spend only the money that we have and begin to pay down the debt. that was utterly untrue. his budget did nothing like that. the lowest deficit in 10 years that he projected in his own numbers was $600 billion deficit and would have added $13 trillion to the debt. remember, this is after 2010 when the republican house was elected and hopefully, we were in a point to make some fundamental changes in spending in america and they came out with a budget that did just the opposite. and he told the american people what they wanted to hear. but it wasn't the truth. >> greta: all right. just to zero in, there is a big difference between being mistaken or i mean, having a different viewpoint and trying to be deceitful and a lie. that's very different. where does he fall in the spectrum, in your opinion? >> i
says jack lew must never be secretary of the treasury. january none bream is at the white house. why? >> well, shepard, he, like many other republicans on the hill say that lew is the wrong man for the job because they call him a big government liberal. someone who has blocked them at every turn when they have tried to pass more spending cuts essentially. you know it's a very sore topic here in washington. you mentioned that sessions is the top republican on the budget committee. he told me today that two years ago when lew testified he lied. those were session's words. here is a bit more of what he had to say. >> we just can't have somebody who can't acknowledge, can't look the american people in the eye and tell them the truth about our financial condition. >> following lew's formal nomination here at the white house a number of other republican senators sent out reactions saying they are going to have an open mind. they will listen through the vetting process in the senate. most of them are inclined at this point to vote no. shep? >> shepard: much of the word we are getting this i
estudiante de ese centro.el presidente barack obama anuncio la nominacion de jack lew para el cargo de secretario del tesoro, en reemplazo de tim geithner.y al menos 41 estados del pais reportan contagios generalizados del virus de la influenza, un aumento de mas del 30 por ciento en relacion con la semana pasada. se han reportado ya al menos 18 muertes.la primera informacion en despierta america. (música) disculpe, señora, siéntese. ♪. >>> surge la primera demanda contra la compañía de la cantante jenni rivera por la muerte de 4 de sus allegados en el accidente aéreo del 9 de diciembre que también cobró la vida de la diva de la banda, tenemos la información con magaly ortiz, adelante. >>> gracias, qué tal, hasta los Ángeles viajó cynthia rivera hermana de arturo rivera, para hablar en conferencia de prensa a nombre de los familiares de las otras 3 víctimas que murieron en el accidente aéreo. >>> en al conferencia de prensa asistiró un experto en aeronáutica que cuestionó la situación. >>> en este momento aún estamos aprendiendo poco a poco los elementos que diero
is reportedly set to nominate his chief of staff, jack lew, to replace timothy geithner at the treasury department for obama's second term jack lew widner geithner in heading treasury after a stint on wall street, working at the financial giant citicorp between 2006 and 2010. the u.n. arab league envoy to syria has issued his strongest words to date against the regime of syrian president bashar al- assad. speaking to bbc news, lakhdar brahimi appeared to endorse al- assad's departure from government as part of any political solution in syria. >> what people are saying, it is a little bit too long. so the change has to be real. i think president assad could for what hislead an people want, rather than resisting it. >> afghan president karzai is in the u.s. for talks with president obama on u.s. troops levels in afghanistan after the withdrawal deadline of 2014. obama administration officials have recently floated troop numbers ranging from zero to 20,000 after combat operations formally come to an end. karzai kicked off his visit on wednesday by meeting a group of senators. >> the trip h
should, have a relatively easy ride through its confirmation process. white house chief of staff jack lew is considered to be a front-runner for treasury secretary. tim guy earthquake in the current head of the treasury, smektsed to leave around the time of the inauguration. the void left by david petraeus as head of the cia could be filled by john brennan. he is currently a counterterrorism and homeland security adviser at the cia. >>> along with the new year comes new, higher prices, on all sorts of things. we will show you technology to help you save. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? to get our adt security system. and one really big reason -- the house next door. our neighbor's house was broken into. luckily, her family wasn't there, but what if this happened here? what if our girl
house chief of staff jack lew is considered to be another choice for the job. at the cia john brennan, an acting cia director michael morell remain on a short list. history shows most presidents get the nominees they want, but in this political environment there's no guarantee. >> it used to be just be supreme court justices who inspired partisan free-for-alls. now it's bleeding down into a president's cabinet picks as well. >> some confirmations will be easier than others. if chuck hagel does get the nod, we expect that there will be continued resistance there. one of the picks for secretary of state, senator john kerry, his confirmation expected to be a smooth one. suzanne. >> i understand the president and white house reacting it to a december jobs report that came out today. we had 155,000 jobs added here, unemployment rate was unchanged however. do is the white house pleased with those numbers? >> reporter: to a point. i mean, the release from the white house similar to what we've seen over the last year when these job numbers come out is that they believe that the economy is mov
Search Results 0 to 25 of about 26 (some duplicates have been removed)